Feds decide against death penalty for Gitmo inmate accused in US embassy bombingsNEW YORK — The U.S. government has decided not to seek the death penalty against a Guantanamo detainee charged in the 1998 bombings of two U.S. embassies in Africa. Citi’s 600 financial advisers to shift to fee-only services from commission-based modelNEW YORK — Citigroup Inc. said Monday it is switching to a fee-based model in its retail investment business, eliminating commissions for its 600 in-house financial advisers by the end of next year. Stocks rise as service industry index signals growth for first time in a year; Dow jumps 112NEW YORK — The first growth in the service industry in a year and upbeat comments about big banks pulled investors into the stock market after two losing weeks. Younger Americans find vast opportunities in recession, while older generations struggleNEW YORK — The Great Recession has turned into the best of times for young investor Daniel Lee. AP source: Letterman staff worker link to alleged extortion plot by producer, diary usedNEW YORK — A CBS producer accused of blackmailing David Letterman used pages from a former assistant’s diary that described an affair with the “Late Show” host, a law enforcement official confirmed Monday. AP Enterprise: United States has no reliable system to track defective medical implantsNEW YORK — Three years ago, the maker of a surgical clip called the Hem-o-lok issued an urgent recall notice warning doctors to stop using the fasteners on living kidney donors. It said the clips could dislodge in their bodies, with “serious, even life-threatening consequences.” Treasurys barely budge; Market welcomes TIPS auction but gains are checked by rising stocksNEW YORK — Treasury prices were little changed Monday as investors balanced strong results of an auction of inflation-protected bonds against a rising stock market, which sapped demand for safe-haven investments. Titanic memorial cruise to sail on 100th anniversary of doomed voyageNEW YORK — A trans-Atlantic cruise is being offered in 2012 to mark the 100th anniversary of the sinking of the Titanic. Environmentalists say climate change threatens 25 national parksNEW YORK — The Natural Resources Defense Council and the Rocky Mountain Climate Organization say 25 national parks are threatened by climate change. Named by unpopular governor, NY’s junior senator must tread election bid carefullyALBANY, N.Y. — New York Gov. David Paterson keeps sinking in the public’s opinion, and Sen. Kirsten Gillibrand is stuck in the vortex: She has to avoid getting sucked down by the governor’s historic low ratings without appearing ungrateful to the man who picked her to replace Hillary Rodham Clinton. PepsiCo names Jaya Kumar president of Quaker Food & Snacks segmentPURCHASE, N.Y. — PepsiCo Inc., the soft drink and snacks maker, said Monday it named Jaya Kumar president of its Quaker Food & Snacks unit. A scary place: NY State Capitol tours explore building’s ghost stories, legends, folkloreALBANY, N.Y. — Is the State Capitol haunted? Visitors to the historic building in downtown Albany can determine for themselves this month. Caris analyst says September sales will come in strong for retailers this weekNEW YORK — Shares of major department-store operators rose on Monday amid positive comments from an analyst who predicted strong same-store sales in September. The broader market rose, as well. Internet advertising in US declined 5 percent in 2Q as recession crimped marketing budgetsNEW YORK — Newly released statistics show that Internet advertising in the U.S. fell 5 percent in the second quarter as the recession continued to crimp marketing budgets. Conde Nast to shutter Gourmet, the nation’s oldest food magazine, as ad slump persistsNEW YORK — Conde Nast Publications is closing Gourmet, the nation’s oldest food magazine, and three other money-losing titles as the high-end publisher tries to weather a devastating advertising slump. Private trade group: service sector grew in Sept. for 1st time in year, but jobs remain scarceNEW YORK — The U.S. service sector grew in September for the first time in 13 months, an encouraging sign for the fledgling economic recovery, although jobs remain scarce. Marble statue widely attributed to Michelangelo coming to NYC’s Met MuseumNEW YORK — A marble statue widely attributed to Michelangelo is being loaned to New York City’s Metropolitan Museum of Art by the French government. Tombstone tours: Check out these famous boneyards for a spirited history lessonNEW YORK — Even if you don’t believe in ghosts, walking through a graveyard can be a little spooky — especially in autumn as the trees lose their leaves, flowers wither away and light fades in the late afternoon. AmExpress President Kelly to step down in early 2010; wants to run a company as CEONEW YORK — American Express Co. said Monday its president, Alfred F. Kelly Jr., will step down early next year. Pitching health care overhaul, Obama packs Rose Garden with doctors in white medical coatsWASHINGTON — On the cusp of a key legislative push, President Barack Obama on Monday filled the Rose Garden with doctors supportive of his health care overhaul, saying “nobody has more credibility with the American people on this issue than you do.” Reports: Conde Nast to shutter Gourmet as magazine ad slump persistsNEW YORK — Gourmet, the nation’s oldest food magazine, is closing. That’s according to The New York Times and The Wall Street Journal, which reported Monday that Gourmet’s owner, Conde Nast Publications Inc., is shuttering the title along with Modern Bride, Elegant Bride and Cookie, a parenting magazine. Analyst lifts PetSmart to ‘Buy,’ says co. likely to benefit when discretionary spending liftsNEW YORK — PetSmart Inc. climbed Monday as an analyst upgraded the pet food and products retailer, saying the company will likely benefit when discretionary spending picks up with an potential 2010 economic recovery. American Express President Alfred Kelly Jr. to step down in early 2010NEW YORK — American Express Co. says its president, Alfred F. Kelly Jr., will step down early next year. Stocks advance as service industry index signals growth for first time in a yearNEW YORK — The first growth in the service industry in a year and an upgrade of big banks pulled investors into the stock market after a two-week slide. Stocks edge higher as service industry index signals growth for first time in a yearNEW YORK — Stocks are struggling to hold their gains after a trade group reported the service industry grew in September but companies’ pricing power weakened. Private trade group says service sector grew in September for first time in a yearNEW YORK — The U.S. service sector grew in September for the first time in 13 months, an encouraging sign for the fledgling economic recovery although jobs remain scarce. NYC to expand its high-tech counterterror system to cover high-profile buildings in midtownNEW YORK — A network of security cameras, license plate readers and weapons sensors intended to protect lower Manhattan from terrorist threats will be expanded to the city’s midtown area. Stocks rise in early trading after two-week slide; investors await data on service industryNEW YORK — Stocks rose early Monday after a two-week slide in the market and as traders prepared for a report on the service industry. Stocks rise in early trading as investors try to bounce back from recent declinesNEW YORK — Stocks are rebounding as the market opens after two consecutive weeks of declines as disappointing economic news has piled up. Boat runs aground in marshland off coast of NY’s Long Island, leaving 3 dead, 4 seriously hurtNEW YORK — A powerboat navigating a channel in an area dotted with boggy salt marshes ran aground off Long Island, killing three people and seriously injuring four others, authorities said. |
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